Citi Sticks to Its Buy Rating for Carrier Global (CARR)

Citi analyst Andrew Kaplowitz maintained a Buy rating on Carrier Global today and set a price target of $70.00.

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Kaplowitz covers the Industrials sector, focusing on stocks such as Parker Hannifin, Mirion Technologies, and Ingersoll Rand. According to TipRanks, Kaplowitz has an average return of 23.3% and a 69.72% success rate on recommended stocks.

In addition to Citi, Carrier Global also received a Buy from UBS’s Amit Mehrotra in a report issued on January 5. However, on January 8, Morgan Stanley maintained a Hold rating on Carrier Global (NYSE: CARR).

Based on Carrier Global’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $5.58 billion and a net profit of $428 million. In comparison, last year the company earned a revenue of $5.98 billion and had a net profit of $447 million

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CARR in relation to earlier this year. Most recently, in November 2025, David Gitlin, the Chairman & CEO of CARR bought 19,300.00 shares for a total of $1,015,566.00.